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Page 6 1 $ 395,000 2 The moneys appropriated in this lettered paragraph 3 shall be used as follows: 4 (1) To reduce student loan debt for primary care 5 physicians in an amount not to exceed $30,000 per 6 student for a four-year period of medical service in 7 medically underserved areas of the state. 8 (2) For tuition scholarships for students 9 attending the university of osteopathic medicine and 10 health sciences who agree to practice primary care 11 medicine in medically under-served areas of the state. 12 The student shall practice in the state two years for 13 every year of tuition. A person receiving funds under 14 this subparagraph shall not be eligible for funds 15 under subparagraph (1). 16 (3) For general administration costs of the 17 university for the primary care initiative, the 18 university shall expend an amount not to exceed 19 $50,000. 20 The university of osteopathic medicine and health 21 sciences shall report quarterly to the legislative 22 fiscal bureau concerning the expenditure of funds used 23 pursuant to subparagraphs (1), (2), and (3) of this 24 lettered paragraph. The university shall also submit 25 the annual audit of the university to the legislative 26 fiscal bureau within six months following the year 27 being audited. The college student aid commission 28 shall not provide moneys for subparagraphs (1) and (2) 29 of this lettered paragraph until the university has 30 signed and submitted contracts for the use of these 31 moneys for reduction of student loan debt and tuition 32 scholarships. Funds for subparagraph (3) of this 33 lettered paragraph shall be provided quarterly to the 34 university. Notwithstanding section 8.33, the funds 35 for this lettered paragraph shall not revert to the 36 general fund but be available for expenditure the 37 following fiscal year for purposes of subparagraphs 38 (1) and (2). 39 3. STUDENT AID PROGRAMS 40 For payments to students for the Iowa grant 41 program: 42 $ 1,469,790 43 Sec. 6. There is appropriated from the loan 44 reserve account to the college student aid commission 45 for the fiscal year beginning July 1, 1995, and ending 46 June 30, 1996, the following amount, or so much 47 thereof as may be necessary, to be used for the 48 purposes designated: 49 For operating costs of the Stafford loan program 50 including salaries, support, maintenance,
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Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/02100/02187.html
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